FALN vs. MYHA
FALN (iShares Fallen Angels USD Bond ETF) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. FALN is passively managed, while MYHA is actively managed. Their correlation of 0.88 means they have usually moved in the same direction. FALN charges 0.25%/yr vs 0.39%/yr for MYHA.
Performance
FALN vs. MYHA - Performance Comparison
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Returns By Period
FALN
- 1D
- -0.11%
- 1M
- -0.92%
- 6M
- 0.86%
- YTD
- 1.86%
- 1Y
- 6.24%
- 3Y*
- 8.53%
- 5Y*
- 3.39%
- 10Y*
- 6.24%
- ALL TIME*
- 6.52%
MYHA
- 1D
- 0.06%
- 1M
- 0.19%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $23.72M | $18.39M | $26.66M | |
| $598.17 | $732.34 | $5.19K |
FALN vs. MYHA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FALN iShares Fallen Angels USD Bond ETF | 0.14% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 1.65% |
Correlation
The correlation between FALN and MYHA is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026 | 0.88 |
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Return for Risk
FALN vs. MYHA — Risk / Return Rank
FALN
MYHA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FALN vs. MYHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Fallen Angels USD Bond ETF (FALN) and State Street My2027 High Yield Corporate Bond ETF (MYHA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FALN | MYHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | — | — |
| Martin ratioReturn relative to average drawdown | 6.42 | — | — |
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Drawdowns
FALN vs. MYHA - Drawdown Comparison
The maximum FALN drawdown since its inception was -29.22%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for FALN and MYHA.
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Drawdown Indicators
| FALN | MYHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.22% | -0.69% | -28.53% |
Max Drawdown (1Y)Largest decline over 1 year | -3.96% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -29.22% | — | — |
Current DrawdownCurrent decline from peak | -1.07% | 0.00% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -0.10% | -3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | — | — |
Volatility
FALN vs. MYHA - Volatility Comparison
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Volatility by Period
| FALN | MYHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.79% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.59% | 1.73% | +2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.33% | 1.73% | +5.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.86% | 1.73% | +7.13% |
FALN vs. MYHA - Expense Ratio Comparison
FALN has a 0.25% expense ratio, which is lower than MYHA's 0.39% expense ratio.
Dividends
FALN vs. MYHA - Dividend Comparison
FALN's dividend yield for the trailing twelve months is around 6.51%, more than MYHA's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FALN iShares Fallen Angels USD Bond ETF | 5.98% | 6.31% | 6.24% | 5.37% | 5.08% | 3.40% | 5.14% | 5.35% | 5.97% | 6.98% | 3.55% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 2.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FALN and MYHA have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FALN is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FALN is cheaper with a 0.25% expense ratio, compared with 0.39% for MYHA.
FALN has the higher dividend yield at 5.98%, compared with 2.06% for MYHA.
They also come from different issuers: iShares and State Street. Their fees differ too: 0.25% for FALN and 0.39% for MYHA.
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